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AI REVENUE PROJECTIONS 2028
Global Market Today: Nasdaq futures, Asian stocks rise on Nvidia outlookContracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales...- Anthropic to rent AI computing power from Nscale for $45 billionAnthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Co...
- AI adoption surges in Asia as companies set up new hubs in Singapore, IndiaAI and generative AI investment in Asia is projected to reach $175 billion by 2028. Many employees across Asia-Pacific already use AI at wo...
- AI security market to hit $4.8 billion in 2027, grow 68.7%: ReportThe AI security market is projected to reach nearly $4.8 billion by 2027. This sector is set for rapid growth as enterprises increase inves...
- Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reportsAnthropic plans to pitch investors on a colossal total addressable market (TAM) exceeding $30 trillion for its upcoming IPO, surpassing Spa...
- Who let the bots out? AI’s coding chaosAs more companies rely on AI to write software, developers are increasingly finding themselves maintaining code that no human fully underst...
- India’s data centre capacity hits new high as AI powers a 4x boomIndia leads Asia-Pacific data centre growth, with capacity quadrupling and substantial future projects underway. Significant investments fr...
- Hyundai Motor's union reaches preliminary wage deal, averting more strikesHyundai Motor's South Korean union reached a tentative labor agreement with management. This deal averts further production losses after th...
- Nvidia discusses Perplexity investment at $30 billion-plus valuationNvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion, the I...
- What if Meta loses trial? Penalties may top $1.4 trillion, matching its market capMeta, which owns Facebook and Instagram, is being sued by a bipartisan coalition of states on allegations of deceiving the public and desig...
- Broadcom seeks more than $60 billion in latest AI debt dealThe numbers under discussion would potentially bring the total raise to as much as $100 billion, according to the report.
- Payments firm Stripe to buy marketplace OpenRouter in AI pushWhile the companies did not disclose the value of the deal, a source familiar with the matter, who requested anonymity to discuss confident...
- SanDisk shares soar 3,400% in one year. Can the rally sustain its momentum?US stock futures edged higher after a tech-led selloff, as investors monitored Iran tensions and key retail earnings for clues on consumer ...
- ISM outlay faces currency pressure; ETSA 2026 Best on Campus, Comeback Kid nomineesA weak rupee has dragged down the dollar value of the India Semiconductor Mission subsidies. This and more in today’s ETtech Top 5.
- Anthropic revenue run rate tops $65 billionThe AI startup's latest revenue run rate - a metric that projects annual performance by extrapolating current sales levels - was up from ...
- Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centreThe new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
- Global AI investment $1 trillion in 2026, to reach 1.4% global GDP by 2028: Goldman SachsGlobal investment in artificial intelligence is projected to reach around $1 trillion in 2026, with AI-related capital expenditure expected...
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources sayAs Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its project...
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